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20131105
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Search Results 0 to 46 of about 47 (some duplicates have been removed)
's defiant day in court. what it's like to support a family of seven on $8 an hour. taxing marijuana in colorado and other initiatives on the ballot tomorrow. >> plus a trov of 1500 paintings looted by the nazis found in a munich apartment. >> ifill: today's insider trading plea by the hedge fund, s.a.c. capital advisers, was notable not just for its financial penalty but also for the prosecutors' pursuit of criminal charges against the firm. jeffrey brown takes a deeper look at the violations in question and what the case may suggest about the government's broader investigations into wall street practices. >> brown: steven cohen is not just any trader. he was one of the street's best known traders. and his firm was one of the more successful, with a record of >> sheila kolhatkar national correspondent from business week has been connick elling b the case if he press conference today. i want to pick up on this notion of the success in pursuit of the wall street firm on criminal charges that has been a rare thing, right? >> generally the government has been reluctant to charge compani
-do tax code, reform entitlement spending and reset spending levels. so the question is will this happen? can this happen? >> i think what we will see is resetting the spending levels. only for the next year. they only have two months and 13 days between now and the january 15th deadline. that's when the current spending plan expires. that's not a lot of time to put together something as comprehensive as this grand bargain. it would involve the tax code and entitlement spending and things that a are so huge and gaps that are so wide between the two parties, there is just not enough time to get that done. so where does that leave congress and the budget deal? it is going to be a focus on the current spending level and how we move into fiscal 2014. we have this temporary spending bill, but they need to come up with a deal that will last through 2014 and that will deal with remember the sequester that is the automatic budget cuts that come down every year. it is $110 billion automatically on january 15th. they want to stop that a from happening on the democratic side. on the republican side
the attention away from things like obama care, taxes, energy, those issues that are going to affect virginia in the next four years delayed our ability to get to voters at least to be on the front burner, so to speak. and that's where we are now. >> so it hurt. >> that's what we have to close with. >> it hurt? >> it compressed time to get people while they're paying attention to this race. >> steve. >> bret mentioned this independent libertarian style candidate. he is taking as many as i think the average was 9.5%, 9.5 points if you look at the quinnipiac polls and other polls, if his voters were your voters, you would be winning. how concerned are you about him and what's your pitch to libertarian style voters? >> i'm the most-accomplished pro-liberty candidate that's actually been elected statewide in virginia in my lifetime. so what we talked to them about is my actual accomplishments. being the first to challenge obama care, being an attorney general who's going to leave office having helped exonerate more wrongfully convicted felons than any other a.g. in history. whether it's fighting
was talking about an opportunity society, talking about low tax rates, trying to help everyone be their best in america. coming from where i came from, it all kind of resonated little bit. i've got 11 brothers and sisters. my dad owned a bar. i got brothers and sisters on every rung of the economic ladder. the idea of an opportunity society was kind of who i was. over the course of the 1970s and 1980s, these two people, especially during the 1970s -- by the end of the 1970s, i was a republican -- i had a reagan bumper sticker on in 1980 during the primary. sorry, jeb. in 1988, i found myself a manchester -- in a manchester, new hampshire, if you will recall. in february of 1988, a lowly state rep, business guy goes to manchester, new hampshire to my buddy jack kemp. i was at this dinner with jack and joanne. there were a bunch of these big- time congressmen. the next day, i got my assignment to knock on doors. i was assigned to go to the city dump. i thought, what the hell is this? i went to the dump because in manchester, new hampshire, they don't pick up garbage. you have to take it to the
surpluses to deficits almost overnight. he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion. i believe the figure was, and that was a significant of 30%, 40% reduction of the previous year of $1.1 trillion. and the immediate effect, is it taking pressure off and things are improving. things are improving in the near term. part of the reason why the deficit came down so significantly, receive news wept up 13% and spending wept down 2% last year. the combination of those two resulted in the deficit coming down. the difficulty is that while that's a good sign in the near term, all projections because of the demographics are going forward, all projections
revenue code and under the internal revenue code at least for income tax purposes the court would disregard it because this is a -- [inaudible] >> it may well be and it's an s corp. even though there's this corporate form the next result of the penalties goes on frank and phil gilardi separate income tax returns on a schedule came out. exactly. >> that's true for limited liability party. >> i think when we are dealing with a law that impinges upon fundamental first amendment freedoms the supreme court has taught we don't allow for him to triumph over substance and that is what we are arguing here. >> is that what lee says? if you are in the commercial market you have to give up some for the greater good. >> it does say that but what we say is that's part of the strict scrutiny. >> congress has some exemptions as well. >> that is your case. you are saying the exemptions are so overwhelming, so large in their number because you can't possibly get around lead. lee had exemptions in the court gave at the back of the hand. they said of course congress can make those decisions. that is
group --a decade attempt rates great something like 5 billion dollars of recurring tax revenue for government at all levels without raising taxes. it creates a burst of optimism in my mind an opportunity that people will take and perhaps build new coalitions to discard the old way of doing things and build new coalitions for america to begin solving our other problems. the fourth thing i would suggest is that no amount of good policy will matter if we don't focus on a shared believe of strong families and faith as a backbone of any american renewal. [applause] unfortunately, we have a crisis on the family front. the latest census numbers reflect this fact. 42% out of wedlock or thread. breathtakingthe statistics that describes family life in america today. the family structure in the united states as we have known it for centuries is crumbling. those on the left call for another government program. payment.r a rule or regulation as a solution. you know the government cannot -- the kind of people we become is determined not by the government, but by the nature of our families, c
starting to produce report cards because we no alcohol produces tax revenue for the government that while we have those emergency room we can understand it is costly. i think we should take a hard look at marketing. i don't think we should have the marketing allowed that this is in social media that is wrong and i think we should see what is targeted to the teenage drinker those pre-mixed drinks should not be categorized as malt beverages to be sold like beer and sold cheaply. it is just wrong. >> host: what other things and do you think needs to be included in that public health strategy and what that would be? >> guest: brady to take a hard look at treatment with the reinvestment not just for the rich and famous but i will give you an example. i was in the last six months a lot of the programs aimed at children of addicted parents have gone the way of the dodo bird with health care cuts. . . so cheap and accessible and taxed in the united states and privatized. we have a problem. >> so we get to a place where there is pending? this particular disease as well as others. >> absolutely. >>
for me to take this tax. think about that for a second. if that continues at this pace, it could be a $3 trillion or $4 trillion expense to the american people. he said you can keep your interest. they lied about so many things. to get this thing passed. from top to bottom. they talked about abortion not being in it originally. they even got one congressman to sign on, promising him abortion wasn't going to be in it. >> stupek. >> right, top to bottom, they've lied about it. talk about this for one second. when you realize how much this is going to cost them, they'll have to do one of two things. either tax the hell out of it and give the irs, they're going to have to muscle them up. right now, the irs can't garnish your wages. you just have to hope these people pay their taxes. or they're going to have to turn around and say every taxpayer in america is going to have to pick up the tab. >> that's what's going to happen because they don't have enough money in the till to balance it out. now you've got young people that are going to be uninsured, angry and penalized by the federal governm
their coverage. it's until they start getting the benefits of better coverage and the tax subsidies that come with it, which will make that coverage in many cases cheaper than the ones they currently have, that they won't understand or won't feel good towards obama, let's say. so that's why this whole rollout matters, they need to show the benefits of this in addition to the pain it was causing. >> still ahead the ceo of america's largest private health exchange joins us, how he is offering to bail out the government's troubled website. "morning joe" is back in a moment. ♪ [ male announcer ] you know that family? the one whose eye for design is apparent in every detail. whose refined taste is best characterized by the company they keep. well...say hello to the newest member of the family. the cadillac srx, awarded best interior design of any luxury brand. take advantage of this exceptional offer on the 2013 cadillac srx, with premium care maintenance included. (coffee be♪ng poured into a cup.) save your coffee from the artificial stuff. switch to truvia. great tasting, zero-calorie sweetn
campaign explained dumping joe biden and reed got the idea reid didn't pay income tax and more. the book doesn't come out until next week but jonathan martin has all the incite details and joins us now. it's fascinating on your reporting in this. how serious were they looking into having hillary clinton be the vice president? >> it was serious, not that it was intentionally polled and focused grouped. campaigns don't spend the money unless they are seriously exploring something. it was only known but about a half dozen of the top obama senior advisors, people like david axle rod and most notably the chief of staff william daily, then chief of staff who became close to joe biden. they are similar age, similar background. >> similar background. you talked to him? >> i talked hto him on the phon and he confirmed saying he thought it was his due diligence as chief of staff to explain the possibility of what she would mean for obama in 201. they concluded she wouldn't add a substantial effect, she would help but not enough to dump biden. >> so a bump but not big enough to justify the whole dr
that they companies -- that big companies do not like either. they are going to tax them out of business. arizona, big mesa they have thousands of cars completely wasted and crushed. host: thank you for the call. a political note from the hill -- paper an ad is airing tomorrow that uses past statements, slamming charlie crist. he was once theory governor of florida as a republican. he will enter as a democrat after filing the necessary paperwork on friday. details online at the hill.com. our newsmakers program is focusing on the farm bill with tom vill sack -- with tom vill ilsack. tom v conversation, why the farm bill is important -- [video clip] investing literally billions of dollars in business development. money is going to be invested in renewable energy and bio-based products. it is a research built. it will provide resources to universities to come up with new innovations. because of our research initiatives, i think 360 four patent applications have occurred just from usda sponsored grants. it is a conservation bill and an ability to protect our soil and water. it is a trade bill. this create
. this guy got elected and he got elected to change trade policy, to change the insane tax policy, to change the policy dealing with antitrust. for the past five years, what you people have been able to do whichus on this obamacare has very little to do with the ,verall economy versus the wars the insane trade policies or insane tax policies. all of this is a smokescreen. it is almost like weapons of mass destruction. if you're going to say here and the 15,000 when you have 20,000 on unemployment. 100 million people are living in poverty -- this is all this is. this is just politics to of peoples issue being critical of the president? we are at the point of this country where the whole thing is completely collapsed. after they at obama, had three years of borscht, the system needed the opposite. you people in the media created barack obama. and said of him coming in addressing the policies -- instead of him coming in addressing the policies, now you can talk about obamacare. i grew up in detroit. -- i wrotegreat book it. belt."g back the rust host: i think we got your point. scott, texas, re
is an an tax on an attack on country, which falls in pervue of intelligence agencies and military would be reason to block effort understand better what transpired. lou: it makes no sense. >> we should be ale coconduct a criminal investigation, representatives of people to find out what happened, whether a consulate was burned to ground, ambassador killed and cia driven out, that is serious business, they do not have to have an open hearing, they can do a closed-door hearing to get at the issues with the witnesses that i want to call. and certainly, the government should not be attempting to control those witnesses, and still protect the criminal justice system. by the way, lou, that criminal justice -- investigation on criminal justice side got off on the wrong foot, the next day, we may not have been able to get troops in that night, we could have got troops in the next day, we should have secured consulate, put our flag back up and brought the fbi in to begin an immediate investigation, and stay with security forces as long as necessary, they waited three and a half weeks before the
federal tax dollars will fund president obama's insurance plan, but yet he's going to fine me and penalize me for something i can't afford to buy. it makes me very angry. >> tatter says there is one positive aspect to obama care. it has allowed her 24-year-old son to remain on her policy. that is until january 1st when tatter says no one in her family will have health insurance. bret. >> john, thank you. >>> from president obama, this has been a halloween week in which his praumshs about his health care reform plan have come back to haunt him. tonight, a new example. here's jim ingle. >> president obama's made several promises about the new health care plan, but two of them collide with each other, including one pledging many people will pay very little. >> one study shows that nearly 6 in te10 uninsured americans may find coverage for $100 a month or less. >> he also made this promise. >> if you like your doctor, you will be able to keep your doctor, period. >> he said he didn't want to interfere with people's relationships with their doctors, but he can't keep both those promises at the
pay social security taxes. >> for every one dollar in benefits, we generate two dollars more in economic activity. so social security is not only critical to the individual, it's critical to the entire economy. >> the social security administration also says about 10 million americans will pay higher taxes next year. in new york, laura engel, fox news. >>> it's a mystery that's had many buzzing, what's going on with the barges in san francisco? now the mystery is solved. what this barge has to do with the popular search engine google. google. stay with us. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms, plus has a decongestant. [ inhales deeply ] oh. what a relief it is. i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hope he's saving. i hope he saved enough. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. whether you're just starting your 4
their support. their tax exempt status including the big hospital up in boston that's where, what is it, the patriots, new england patriots get their rehab done. >> that's right. it may lose its tax exempt status. sort of under the microscope under obama care. >> unbefore the boston -- in fact, the last boston marathon victim who had to have a leg amputateds a result of the boston bombing, there he is sadly, it's called the spalding rehabilitation hospital. it's run by a 501 c 3, non-private hospital. under obama care, one of the sicious obama care would provide charity to people coming in off the streets that don't have healthcare coverage. now that law because of obama care scrutinized where they are having to roll back the charitable contributions they give to the community in the case of folks that come in off the street that don't have health insurance. >> former president jimmy carter whose name has become synonymous with oppressing attacked obama care yesterday saying this doesn't work very well. when jimmy carter calls you ineffect actual that's 6 people signing up because the w
and medicare. but i think he needs something more in taxes than the republicans are prepared to give. so my guess is that you won't see that. but it does have me very concerned. these are openly on the table. and you look at the condition of today's elderly, i think you're really hard-pressed to say that they have too much money. i mean, for 40% of people over age 65, their social security check is more than 90% of their income. and these are checks that average a little over $1,200 a month. so to say that these people are doing so well, we should be looking to cut back their benefits or have them pay more for medicare, that to my mind seems 180 degrees wrong track. >> i think to put it more bluntly, no one is willing to talk about the fact that social security and medicare cuts equal having old people die faster. and that the proposals to do that are indirect and they've labeled them in technical language so that most people won't realize that's what's happening. i mean, chained cpi, you know, that's a my-eyes-glaze-over term. >> consumer price index? >> right, and so that's the mechanism
for coverage were lower than expected and millions of americans will also qualify for tax credits to make the coverage even more affordable. we know that consumers are eager to purchase this coverage and to the millions of americans who attempted to use healthcare.gov to shop and enroll in health care coverage i want to apologize to you that the website has not worked as well as it should. we know how desperately you need affordable coverage. i want to assure you that healthcare.gov can and will be fixed and we are working round-the-clock to deliver the shopping experience that. you deserve. we are seeing improvements each week and publicly by the end of november the experience on the site will be smooth for the vast majority of users. >> that part of the testimony from earlier today on c-span3. the hearing does continue live right now on c-span3. reminder you can watch the entire hearing online shortly at c-span.org. >>> the u.s. senate is in session today. lawmakers right now taking their weekly party lunches. they will be back at 2:15 eastern. we'll have live coverage here on c-span2 w
who live in district 11. either towards tax increases or this on affordable care act, as my constituents like to call it. i am trying to represent them in washington, d.c. we have heartfelt decisions on the other side of the aisle from last november. you can look at divided government from the reagan era, where there was divided control. very important things got done because the president led in that arena. just a divided government. i do not sense leadership out of the white house. there is malaise going on. we appear to be adrift as a country and it is fomenting into an overall distrust from the american people. i get it. i am back home trying to do town halls, i will be doing one tonight to buck up the attitude going onabout what is in washington, d.c., and clearly this caller is very discouraged about what she sees going on or not going on in our country. host: how long have you served on the intelligence committee echo guest: -- committee? guest: this is my third term. host: liz, you are next, republican caller, maryland. for you and congressman , i was on the spot ove
should set aside pre-tax dollars to pay out-of-pocket medical expenses. the treasury department saying you will be able to roll over $500 a year if necessary. remember that use it or lose it rule, for years if you put money in the flexible spending account and didn't use all of it you lost it. now you will be able to carry over $500 into the next year. there is some 14 million americans who use these flexible spending accounts, also called fsas, so this will affect an awful lot of people. you will be able to roll that over. it should be noted the limits have changed, used to be $5,000 you could set aside pre-tax dollars to pay out-of-pocket expenses. now it's more like $2,500 so do the math on what your family consumes in health care and out-of-pocket expenses are. at least you know, carol, you can roll over $500 of it. i used to run at the end of the year and buy a pair of glasses or stock up on a bunch of stuff that i needed so i could use all the money and now you don't have to do that anymore. >> we'll check and do our homework. thank you, christine romans, very much. >>> still to
closing wasteful tax loopholes and wants to protect education and road projects. >>> some visitor facilities remain closed after last month's shut down. this includes many of the rest rooms and camp dprownds found at the parks, litter removal and other maintenance has also been cut back. a spokesman for the army corp. of engineers said the resolution that ended the shut town didn't release all of the funds they need. he said it won't be fixed until congress passes a new budget. >> the obama administration said the health care website should be working smoothly by the end of the month. experts said they were able to make progress despite computer crashes. on thursday a house committee released documents showing only six people were able to enroll on october 1st but three million tried to access it. the white house said those numbers are unofficial and said it'll release a accurate count in a couple of weeks. >>> a health care plan in alameda has been removed. it was one of 12 options available on the exchange. it was removed because it failed to get a necessary state license by t
senate to bring that up. how in the world can that be. if you haven't paid your federal taxes, you said, if you want to get a federal contract you should be prohibited from doing that. barack obama the senator agreed with that, i'm agreeing with it now, yet we till can't get that kind of bill done, it's just another symptom of the two sides working together. i want to be that person. i'm a tea party guy but i want to work in a bipartisan way to strive forward but it's just not happening and it's very frustrating. >> at the same time on health care, do you think with all the problems with website, we're all acknowledging and ridiculinridin fact people tell me, i.t. people, if you don't know what is wrong with the code, you're really going to have to start from scratch. they don't know how there's an easy fix to this. at some point if the website works, is it possible republicans in general were wrong, that giving health care to however many million more people is bottom line a good thing? >> i'm not opposed to a website. i am concerned about a website that is not open and transparent, th
700,000 applications, with more than 330,000 users filing requests for tax credits. the announcement even noted the data services hub as a model of efficiency and security. and so, just as you would expect, the data services hub crashed the next day. only to come back early this morning. joining us now, here in new york, is ezra klein of the "washington post" and brad woodhouse, president of americans united for change. ezra, you've co written a very helpful piece where you attempt to calm down the kind of histrionics and hysteria around this website by pointing to an historical precedent where a difficult rollout was followed by deep and widespread appreciation for policy changes. pray tell. >> when you want to feel better you think about the prescription drug benefit. utter disaster. the website doesn't go live for three weeks after it was supposed to begin. the initial excuse the bush administration offers is it's yoem kip pure. >> nice. i have not heard that. >> and it did not go after. the early months are very bad. in february of 2005, john boehner, now majority leader says th
it is exchange, 50% of them have pre-existing conditions and 50% of them will also qualify for a tax credit which are great things for the american people to understand. what this white house has to do is communicate the benefits of the affordable care act to the american people. as the american people enroll, they will see the benefits. >> they have communicated what this law will do. the president said that if you like your current health care policy, you can keep it, you can keep your current doctor. what we're seeing is millions of people losing not only their care but also their doctors and also their health care plans. we're seeing people lose jobs -- hold on, rich. delta airlines actually said to implement obama care will cost them millions of dollars. u.p.s. is cutting back employees covering their spouses with their health plan. i don't know how they can come bat this, where they say this will be better for the american people. >> i think if you look at the most recent jobs reports, we're seeing hours worked for employees increasing. people are beginning to see the benefits of their law.
much it will cost after tax. and then mick andreas closes with the line, 'well, you know, basically, it's cheaper to pay the fine than to disappoint the politicians.' and when you look at that in the context of what's going on, here's a company that is--in just one product line, in lysene, is literally stealing tens of millions of dollars a year from all of us. and then the money is being recirculated back into the political system, back into--back into the media with sponsorship of programs. now i am not saying that--you know, that politicians and--and the media have to do, you know, background checks on everybody who provides money, but ultimately it does make--certainly makes me very uncomfortable and people who have read the book and talked to me about it very uncomfortable that, you know, when the doors are closed and people think no one is listening, that these corporate--you know, these corporate types who, when they're in public, talk about first amendment and--and, you know, supporting--expressing their political views, that when the door is closed, really, what they're talking
grants? well over $2 billion. this is how much of your tax money has gone to helping the states get ready for obama care. >> the white house has pointed out that some of those state exchanges, they are working quite well, suggesting the money was well spent. >> they have said that, and that may be a fair claim. other places are not helping much with their arguments. for example, if you look at colorado, colorado has received almost 179 million to help deal with 716 uninsured residents here. so far just over 3,000 have enrolled. this is early in the process. much of this will change as it moves forward, but again, they make it look very costly. >> tom foreman, thank you. >>> still ahead, is the vatican vulnerable to u.s. spying? we're looking into a bombshell report in italy a key american ally tells me, though, anything is possible. >>> plus an update on the breaking news. the story we're following, a school bus that went off a bridge in kansas. across america people are taking charge of their type 2 diabetes with non-insulin victoza®. for a while, i took a pill to lower my blood sugar,
the international smuggling of contraband on taxed groat raise money and send to the middle east. it goes back to the thick of not wanting to kill the cash cow. for decades the only the two bombings by hezbollah. but they never conducted any such operation in the u.s. because they didn't want to draught attention of law enforcement. it finally came through the cigarette smuggling case and a few other criminal cases in chicago. we had food stamp fraud and things like that being conducted by middle east organizations. and sending the money back to support hezbollah or hah mas or other groups. bank robbery, armor cared robbery, have been used for decades by terrorist organizations to fundraise. that is not the same as having a direct partnership with russian organized crime or the south american cartels back in those days the other groups. the mexican cartels we see today are operating and undermining mexican and u.s. interests. that's an important distinction to keep in mind. criminal activity is a great source of money from john dill german philosophy on up to agree haddists. that's going conti
's nominee for head of homeland security. he wound up pleading guilty to tax evasion. in line to the white house. spending three years in a federal minimum security prison. earlier this week, he spoke to matt lauer days after being relieved from house arrest. he opened up about what he realized about life behind bars and his new mission now that he's out. >> bernie, you spent six years of your life running that jail over our shoulder there which is one of the biggest and most notorious jails in the country. when you look back at that place now, does your perspective change? >> yeah, it changes. when i ran that system, i focused on the day-to-day operations of care, custody, and control. what i realized today is, especially in the federal prison system, that's not necessarily the focus. >> reporter: despite a long and impressive resume in law enforcement, kerik says only a few months after behind bars himself that he realized that criminal justice system was broken. >> these young men, first-time nonviolence low level drug offense their sentence may be five or ten years, but you know what?
reagan cut the tax obligation, cut the regulation, we didn't have this enormous, huge burden. we were creating 300, 400, 500,000 jobs a month. that's real growth. that's real opportunity for people's lives. right now we have 47 million people on food stamps in this country. we are trying to at least go back to what bill clinton and newt gingrich did in having a work program. if you're able-bodied and you don't have children to have to take care of, you should be able to provide some form of work. we also have eligibility issues. people are able to go and subscribe to food stamps without hardly any requirements on eligibility. that's not right. >> well, perhaps, sir, but with regard to the work requirement, you got to be able to find a job. as you well know, it's pretty hard in many, many parts of this country. but nonetheless -- >> the opportunity need to be there. >> i do appreciate your time, as always. >> thank you. >>> it is a new book. did the president really want to dump vice president biden for hillary clinton? that's next. le a body in motion tends to stay in motion. staying
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